Venezuela's PDVSA Unloads 500,000 Barrels of Oil from Chevron-chartered Vessel Amid Rejection of FPSO One Guyana

Venezuela's state-owned oil company, PDVSA, has unloaded oil that it had previously ordered Chevron to return. A Chevron-chartered vessel successfully completed the return of 500,000 barrels of crude at a Venezuelan port. This operation marks a significant step in Chevron's ongoing activities in the country. Concurrently, the Venezuelan government has rejected the presence of the FPSO One Guyana vessel in the disputed Essequibo region, labeling it a violation of international law. Venezuela's government stated that the arrival and potential operations of the FPSO One Guyana in the Stabroek Block are illegal and announced plans to take action against this development.